Best horse racing odds and betting markets

Discover the latest horse racing odds at Betway. Place your bets on your favourite horse to win across a range of markets with live horse racing betting odds online. Stay in the running with the Betway Sports app and hit your stride as you keep up the top racing events of the season, including Cheltenham Festival betting.

For more expert insights, head to our horse racing blog for the latest tips and news. Stay close to the action with Betway.

How to read horse racing odds

Here in the UK, horse racing odds are usually displayed in fractional odds. They show how much you could win from a successful bet depending on how much you wager. For example:

• For odds of 4/1: the first number shows your potential winnings, while the second number shows the stake. This means you could win four times your stake, as well as the money you bet in the first place. 

Find out more about how betting odds work and how to read them with our helpful guide.

Common horse racing bet types

Like most sports, there are plenty of ways to bet on horse racing. Brush up on the most common horse racing betting tactics below.

Win

A straightforward bet where you bet on the horse you think will finish first. This is usually picked when a horse is in good form, or you’re confident a horse is the strongest in the race and likely to win.

Each way

Each way bets give you a better chance of success by betting on your horse winning, or finishing in the top positions. Punters often choose each way when backing a longer-priced horse that has a solid chance of placing.

Place

With a place bet, you’ll bet that your horse will finish among the top positions, but it doesn’t have to win. This option is popular when you want a safer bet, especially in competitive races or big fields.

Where can I find horse racing tips?

If you’re looking for trusted horse racing tips, the Betway Insider blog is the place to go. It’s packed with a wide range of detailed content to support your horse racing betting, including race previews and expert insights from some of horse racing's biggest names. All tips and previews are geared towards giving you as much detail as possible before you place any bet.

We also have dedicated blogs and expert insights from Betway ambassadors Richard Hoiles and Cheltenham Gold Cup Champion jockey, Paul Townend.

Alongside regular horse racing content, the Betway Insider has dedicated sections for the biggest meetings of the year, including Cheltenham, Aintree and Ascot. There you'll find previews, exclusive features and event-specific tips for the sport's biggest races. Looking to keep up with Paul Townend's next ride, or simply browsing tips for the weekend's meeting? The Betway Insider has you covered for all things horse racing betting.

How to choose a horse to bet on

When you back (bet on) a horse, there are various ways to weigh up your options. You can look at the horse racing betting odds, including early horse racing prices, to determine your chances of winning, or you can combine this with reading the horse’s form (its previous results and records) to assess their recent performance. You can also consider expert tips from trustworthy sources to help inform your decision. Our complete guide dives into everything you need to know about how to bet on horse racing to help you get started.

Can I use the Betway app to place horse racing bets?

Absolutely! Stay ahead of every race with the Betway Sports app! Download it now from the Play Store or the App Store and enjoy live horse racing betting odds, real-time updates, and exclusive offers right at your fingertips.